Brent climbed to almost $114/bl, its highest since early May, as the Houthis brought the war to Saudi Aramco’s doorstep. Aramco evacuated its Dhahran headquarters and the US ordered non-emergency ...

Jackdaw's approval promises a timely boost to UK gas production, but the unresolved fate of Rosebank, restrictions on new exploration and a punitive tax regime leave the wider North Sea industry ...

Brent climbed to almost $114/bl after Aramco evacuated its Dhahran HQ and the US ordered staff out of Saudi Arabia, while European gas topped €90/MWh and the first Russian diesel cargo sailed for the ...

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Fattouh: There has been a fundamental shift in the approach to the transition: from an unconstrained focus on emissions reduction to a more pragmatic and constrained transition that balances ...

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Saudi Arabia lost its main Hormuz bypass and effectively half its safety net in the same ten days last week. Drones launched from Iraq shut down the 1,200km East–West pipeline to Yanbu on 11 September ...

For the first time since February, crude is moving through Hormuz at its pre-war rate, yet Brent is still above $100/bl, Dated Brent has pushed above $120/bl and US diesel is above $6.40/gal. Saudi ...

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Iran has published a restrictive draft plan for the Strait of Hormuz even as it negotiates a partial transit deal with Oman; the Houthis have opened a second, more dangerous front in the northern Red ...

©2026 Petroleum Economist, ©2026 Gulf Publishing Company LLC.